CHICAGO, March 17, 2021 /PRNewswire/ — According to the report “Cleaning Robot Market with COVID-19 Impact by Type (Professional, Personal), Product (Floor Cleaning, Lawn Cleaning, Pool Cleaning, Window Cleaning), Application (Residential, Commercial, Industrial, Healthcare), and Geography – Global Forecast to 2026”, published by MarketsandMarkets™, the Cleaning Robot Market size is projected to reach USD 24.8 billion by 2026 from an estimated USD 8.9 billion in 2021, at a CAGR of 22.8% from 2021 to 2026. The increasing labor cost, innovation, coupled with modernization in the field of robotics are among the factors driving the growth of the cleaning robot market.
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Professional cleaning segment to projected to register higher CAGR between 2021 to 2026
Manual cleaning of carpets and floors in commercial spaces, such as shopping malls and corporate offices, is a time-consuming job. This has led to the operators of the commercial spaces opting for an automated cleaning system. COVID-19 has further forced commercial space operators to curb human contact and follow social distancing norms while also undertaking cleaning processes on the premises. These initiatives will play a key role in driving the adoption of professional cleaning robots during the forecast period.
Floor robot segment to hold the largest share of the market in 2021
In 2021, floor robot segment is expected to hold the…